A price prediction
Predicted price range for Agilent Technologies Our trading algorithm values Agilent Technologies (A) to be fairly valued. ###PLOTLYGRAPH### The red …
Read ArticlePredicted price range for Otis Worldwide Corp
Our trading algorithm values Otis Worldwide Corp (OTIS) to be overvalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | overvalued |
| Current trend | downtrend |
| Buy/Sell Recommendation | Sell |
| Current Price | $65.01 |
| 60 Day Prediction | $61.2 |
| 60 Day Pred - Lower Bound | $58.83 |
| 60 Day Pred - Upper Bound | $63.56 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = -0.066 * nr_days_in_the_future + 63.181
Based on this information, our algorithm recommends the trading decision: Sell. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
OTIS traded at $65.01 this Friday October 14th, loosing $0.0 or 0.0 percent since last week.
Looking back, over the last month, OTIS has been loosing $-3.24 or -4.983845188898803 percent.
Over the last year, it has been loosing $-19.41 or -29.85693800169487 percent.
Seasonality of Otis Worldwide Corp
Using our AI model, we have been analyzing the value change for Otis Worldwide Corp depending on the day or month of a year. This can be seen in the following graph:
